Nothing is permanent except change

With greater depth and diversification throughout global equity markets than ever before, the investment landscape provides numerous options to reduce risk and potentially increase returns unimaginable to would-be-investors fifty years ago.

abrdn
(Image credit: abrdn)

Bruce Stout, Co-Manager, Murray International Trust

It’s almost 50 years since my generation left school in the summer of “75”. Armed with aspirations that could only be fulfilled by becoming the next Denis Law or Carlos Santana, scant attention was given to prevailing economic and political circumstances. Blissfully oblivious to stagnating UK growth and inflation running above 24%, good engineering jobs were still plentiful in a Scottish economy yet to be ravaged by the de-industrialisation which would ensue by the end of that decade. Political influence remained the property of press barons, the spectrum of which seldom extended too far left or right. 

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Disclaimer

 Important information 

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.